John Hancock Multifactor Emerging Markets ETF $JHEM Stock: Simplicity Wealth LLC Boosts Stake

Simplicity Wealth LLC raised its stake in shares of John Hancock Multifactor Emerging Markets ETF (NYSEARCA:JHEM) by 80.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 307,093 shares of the company’s stock after buying an additional 136,566 shares during the quarter. Simplicity Wealth LLC owned about 1.25% of John Hancock Multifactor Emerging Markets ETF worth $12,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company raised its position in shares of John Hancock Multifactor Emerging Markets ETF by 18.3% during the first quarter. The Manufacturers Life Insurance Company now owns 19,040,181 shares of the company’s stock valued at $652,279,000 after buying an additional 2,947,062 shares during the last quarter. Bank of America Corp DE boosted its position in shares of John Hancock Multifactor Emerging Markets ETF by 36.1% during the first quarter. Bank of America Corp DE now owns 302,848 shares of the company’s stock worth $10,375,000 after acquiring an additional 80,299 shares during the last quarter. NewEdge Wealth LLC purchased a new position in John Hancock Multifactor Emerging Markets ETF during the first quarter valued at $2,412,000. Citadel Advisors LLC grew its stake in John Hancock Multifactor Emerging Markets ETF by 311.2% during the second quarter. Citadel Advisors LLC now owns 31,234 shares of the company’s stock valued at $1,257,000 after acquiring an additional 23,639 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in John Hancock Multifactor Emerging Markets ETF by 135.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 31,995 shares of the company’s stock valued at $1,053,000 after acquiring an additional 18,401 shares in the last quarter.

John Hancock Multifactor Emerging Markets ETF Stock Performance

Shares of NYSEARCA JHEM opened at $37.39 on Friday. The company has a market cap of $916.05 million, a P/E ratio of 13.85 and a beta of 0.71. The firm’s fifty day moving average is $39.77 and its two-hundred day moving average is $39.24. John Hancock Multifactor Emerging Markets ETF has a 52-week low of $31.47 and a 52-week high of $42.16.

John Hancock Multifactor Emerging Markets ETF Profile

The John Hancock Multifactor Emerging Markets ETF (JHEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor weighted index of large- and mid-cap stocks from emerging markets. JHEM was launched on Sep 27, 2018 and is managed by John Hancock.